Crypto Long & Short: Bitcoin-backed loans belong in the cost-of-capital conversation
CoinDesk·
60-second summary
Alec Beckman argues in this week's Crypto Long & Short Newsletter that Bitcoin-backed lending is a capital efficiency story, not a crypto one, and deserves to be in the cost-of-capital conversation, with its growth potentially reaching $100 billion by 2025. Meanwhile, Serena Sebastiani highlights stablecoins' shift from crypto products to global finance settlement infrastructure, driving adoption and market growth.
In this week’s Crypto Long & Short Newsletter, Alec Beckman on why BTC-backed lending is not a crypto story, but a capital efficiency story. Then, Serena Sebastiani on how stablecoins aren’t a crypto product; they’re becoming the settlement infrastructure global finance forgot.